May 10, 2021 Good day…. And a Marvelous Monday to you… This will be the shortest Pfennig on record, as I almost didn’t answer the bell this morning… My cold took a turn for the worse, and I pulled a muscle in my stomach during one of my coughing spells… I can’t breathe without major … Continue reading “April Jobs Print Only 266,000….”
May 6, 2021 * Currencies & metals rally in the overnight markets * Sam Zell finally bellies up to the Gold window… Good Day… And a Tub Thumpin’ Thursday to one and all! Well… This is going to be a short one today folks, I’m beat, draggin’ the line, and feeling like death warmed over… … Continue reading “Yellen Sees No Inflation Problem…”
May 5, 2021 * Currencies & Metals wrapped a tourniquet around their bleeding… * Little to no movement in these markets this morning… Good Day… And a Wonderful Wednesday to you! It’s also Cinco de Mayo! More on that in the wrap up at the end of the letter today… Yesterday it was May the … Continue reading “The Price Of Oil Continues To Climb Higher…”
May 4, 2021 * Currencies & metals rally on Monday… * But give back most of their gains in the overnight markets… Good Day… and a Tom Terrific Tuesday to you! And May The Fourth Be With You! HA! tried to sit outside yesterday afternoon, to allow the warm sun to dry me up from … Continue reading “Arkansas Eliminates Sales Tax On Gold & Silver!”
May 3, 2021 * Currencies & metals attempt to rally back this week… * Former Mint Director, says there’s a shortage of metals… Good Day… And a Marvelous Monday to you! And Welcome to May! Hopefully the crazy weather of April will have given up the ghost, and May will be more certain… Pfennig tradition … Continue reading “Wage Inflation Begins To Creep Higher…”
April 29, 2021 * Powell leaves traders nothing concrete to trade on * The price of Oil jumps higher! Good Day… And a Tub Thumpin’ Thursday to you! I really feel like going out and doing some Tub Thumpin’ myself today… But I have a cable guy coming this afternoon, so there goes that idea … Continue reading “Currencies Rally On Unknowns…”
April 28, 2021 * currencies see some slippage overnight * Gold & Silver begin the day down… Good Day… And a Wonderful Wednesday to you! Another beautiful day here, that will begin to be disrupted this morning, and rain and cooler temps will arrive, and stay until tomorrow afternoon… YUCK! April weather remains a crapshoot … Continue reading “It’s A FOMC Day!”
April 27, 2021 * Currencies & metals gain small amounts on Monday * Palladium reaches $3,000! Good Day… And a Tom Terrific Tuesday to you! 85 degrees in Florida is not the same as 85 degrees in Missouri… I know it took me quite a few years to figure that one out, but I did, … Continue reading “Traders Go Into A Shell Ahead Of The FOMC…”
April 26, 2021 * Currencies gain VS the dollar on Friday… * Taxes, as a result of every growing debt, to rise… Good Day… And a Marvelous Monday to you! Well, did you tune in for the panel discussion that I participated in last Thursday? I thought it went pretty well, and I thoroughly enjoyed … Continue reading “The Mania Phase… We’re In It!”